Up to INR 60 lakhs to study abroad
Maximum Loan Amount
The interest rates range from 11.25% to 12.55% p.a.
Interest Rates
Applicants can pay back the education loan for up to 15 years.
Repayment Period
A uniform margin of 25% irrespective of the loan amount.
Margin Money
IOB Scholar loans are processed within 15-20 days.
Processing Time
Applicants can apply online through Vidya Lakshmi Portal.
Application Process